creating alternative savings instruments are likely to have the biggest impact on consumption. Other mechanisms to raise …

China’s household saving rate has increased markedly since the mid-1990s and the age-savings profile has become U … transitory variance that rises sharply. A calibration of a buffer-stock savings model indicates that rising savings rates among … and pension reforms can account for over half of the increase in the urban household savings rate in China since the mid …

A firm theoretical basis for the empirical relationship between dependency rates and savings behavior in developing …, and on the savings responsiveness to changes in the real interest rate …